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TheStreet Open House

Ground-Breaking For Stevia Nutra Propagation Centre Underway

Stevia Nutra Corporation (OTC:BB STNT) (the Company), an Agro-Management company focused on stevia agronomics, today released an update regarding its innovative “Stevia Propagation Centre” (SPC) in Cambodia.

Initial site preparation and development of the Company’s SPC located in Kampong Speu has been completed. The perimeter has been secured with fencing, the land has been cleared and tilled, hydro power has been brought to the site, and a permanent on-site office, worker accommodations and storage building have been constructed.

Central to the Company’s plan to install a high tech irrigation system is access to a reliable, steady flow of water. Drilling of the on-site well is now complete and the required water supply has been established. This system is expected to dramatically increase yields over traditional growers.

Design for the requisite nursery and greenhouse is complete and erection of a metal frame structure for the nursery has commenced. In the meantime Dr. Ahmed El-Sheik, the Company’s Chief Agronomy Officer, has been conducting stevia plant trials over the past three months using several localised strains to determine best “germination and plantlet growth vigor” with extremely encouraging results.

“From my recent work on our SPC site and also by observation of other local farming activity in the area, I see very good growth conditions for crops and vegetation of all kinds,” says Dr. El-Sheik. “Early testing trials of stevia are actually surpassing my expectations and it is becoming clear that our SPC is very well located from a growth conditions perspective.”

Additionally, local officials from Kampong Speu town have visited the SPC site and were pleased with progress and excited to see this new, agri-business development well underway in their community.

“We are extremely pleased with the cooperation we have had locally as we develop our SPC site and operations,” said David Foo, the Company’s Vice President, Operations. “The benefit of being close to Kampong Speu town ensures the SPC is easily supported by our suppliers, contractors and our local agro-labor team.”

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